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RE: The Oncoming Liquidity Crisis In HIVE Will Send The Price Flying

in LeoFinance2 years ago

Speaking of a HIVE liquidity crisis.

Did you see that Upbit now holds more than 60% of all HIVE on exchanges?

Is there more to this than just leftover HIVE being brought across from their pumping?

cc @dalz

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Yes I saw that. It is very intriguing and something to keep in mind. We need to spread things out as much as possible.

Fortunately, the amount of HIVE on exchanges is only a portion of the total HIVE out there. We have a lot in HP which is really the resiliency of the system.

That said, if there is a lot of demand, that would make it hard for people to get since Upbit is basically a closed system. Hence if Westerners really want to jump in, it will be chasing a lot less supply on the other exchanges.

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I'm loving the other comments and the HIVE discussion spurring from them, as much as the post itself.

Great work as always mate!

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It is good to see discussions resulting.

Sadly, like pulling teeth but the time we hit upon topics that strike deep with people, it can flow.

I only hope it helps the SEO.

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